Important Employer Advisory for Applicable Large Employers

| posted in Blog

The IRS is on the move and Applicable Large Employers should take notice.  Remember, the ACA defines an Applicable Large Employer (ALE) as one with 50 or more full time equivalent employees. Those with 100+ full time equivalents have been subject to its Employer Shared Responsibility provisions, also known as “the employer mandate”, since 2015.  Early last month, the IRS announced their intent to begin sending notices (called Letter 226J) to these employers during the last six weeks of 2017, advising them that they owe a payment (“ESRP”) to the IRS based on the information reported to them on Forms…
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IRS Sends out ACA Compliance Letters, Employers Have 30 Days to Respond

| posted in Blog

The IRS has started sending out letters to employers who have failed to comply with the Employer Shared Responsibility provisions under the Affordable Care Act for the year 2015. The IRS seems to be moving forward with notifying employers after attempts to repeal and replace the ACA failed in Congress and since there has been no further rule-making, guidance or legislation that rolls back enforcement of the employer mandate. The IRS will send Letter 226J to applicable large employers (ALEs) if it determines that at least one full-time employee received a subsidy in 2015 in a marketplace to purchase qualified…
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